Stellex Capital Management, a middle-market private equity firm, in partnership with Elbridge, has recapitalized A. Stucki Co., a supplier of engineered parts and services for railroad rolling stock.
Founded in 1911, Stucki offers rail products and services including control products, brake system parts, locomotive parts, track infrastructure products as well as direct-to-locomotive fueling services. Headquartered in Pittsburgh, the company operates 21 facilities throughout the U.S., Mexico and Brazil. The Stucki management team, under the leadership of CEO John O’Bryan, will continue to lead the business.
“We are eager about the opportunity to drive our business to new levels of quality, product innovation, and operating efficiency with an aim to create more value for our customers and provide better opportunities for our employees,” comments O’Bryan.
Greenberg Traurig LLP and Configure Partners acted as legal counsel and advisors to Stellex, respectively. Akin Gump Strauss Hauer & Feld LLP acted as legal counsel to Eldridge. A. Stucki Co. was advised by Latham & Watkins LLP.